1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alexus [3.1K]
3 years ago
6

Ace Inc. has 10,000 shares of 5%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outs

tanding at December 31, 2014. What is the annual dividend on the preferred stock?a. $50 per shareb. $50,000 in totalc. $5,000 in totald. $0.50 per share
Business
1 answer:
REY [17]3 years ago
5 0

Answer:

b. $50,000 in total

Explanation:

Preference shareholders: The preference shareholders are that shareholders who receive the divided before equity shareholders

The computation of the annual dividend is shown below:

= Number of shares × price per share × rate

= 10,000 shares × $100 × 5%

= $50,000

The annual dividend for preference shareholders will be computed by applying the number of shares, the price per share, and the rate.

You might be interested in
The following information relating to a company's overhead costs is available. Col1 = Actual total variable overhead, Actual tot
Free_Kalibri [48]

Answer:

A) $2,000 favorable

Explanation:

Actual total variable overhead = $ 73,000

Actual total fixed overhead = $ 17,000

Budgeted variable overhead rate per machine hour = $ 2.50

Budgeted total fixed overhead = $ 15,000

Budgeted machine hours allowed for actual output = 30,000

Budgeted variable overhead = $ 2.50 x 30,000 = $ 75,000

Variable overhead variance = Budgeted variable overhead - Actual total variable overhead

Variable overhead variance = $ 75,000 - $ 73,000 = $ 2,000

Since the actual value is under the budgeted value, the variable overhead variance is $2,000 favorable.

5 0
3 years ago
A sum of money was shared
kondor19780726 [428]

Answer:

ATQ

5x+3x =40.00

7x =40.00

x= 40/7

x= 5.71

5x= 5.71×5= 28.57

3x= 5.71×3= 17 .13

Explanation:

please mark as brainliest

3 0
3 years ago
Read 2 more answers
Why do southeast asian farmers continue to practice slash-and-burn agriculture and shifting cultivation?
vovangra [49]
For all the technology coming out of China today, its rural community is still very primitive. Farmers in the Western World have found ways to scientifically improve their growing techniques. Crop rotations allow for nutrient rich plants to regenerate the soil every other year. Also letting a field go fallow one years allows for recovery of soil. There are many other ways the West is improving their crops and educating new farmers in agriculture science. However, southeast Asian farmers to do not have access to this technology or sometimes computers/internet. They are using the same techniques that they have for over a thousand years. Until education is available for them or they are taught different they will continue to use the same techniques taught by their father. Even to the detriment of their land. 
4 0
3 years ago
So, I’ve decided to leave Brainly. I had a great time helping people, so I hope you have a great day. :) use this time to miss m
liberstina [14]

Answer:

why now when people still need help alot of help

Explanation:

6 0
3 years ago
Read 2 more answers
If Highway 55 Studios can reduce fixed expenses by ​, by how much can variable expenses per unit increase and still allow the co
solniwko [45]

Answer:

$2.25

Explanation:

Please check the attached image for the full question used in answering this question

Breakeven sales is the quantity sold at which net income is equal to zero.

Breakeven sales = fixed cost / (price per unit - variable cost per unit )

$1,215,000 / ($80 - $35) = 27,000

If Highway 55 Studios can reduce fixed expenses by $60,750, variable cost =

27,000 = ($1,215,000 - $60,750) / ($80 - V)

27,000 = 1,154,250 / ($80 - V)

V = $37.25

Variable cost would increase by  : $37.25 - $35 = 2.25

8 0
3 years ago
Other questions:
  • Search the Internet for information on software development management policies.
    15·1 answer
  • Which of the following will prevent a corporation from qualifying as an S corporation?A. Deriving more than 40% of its gross rec
    13·1 answer
  • What three spending accounts can Leslie adjust now to better match what’s in her budget (select all that apply)
    11·1 answer
  • In the video "chinese manufacturing for american products," mike tomberlin manufactures its cars in china. what do his partners
    15·1 answer
  • Sarah stopped at the supermarket to quickly pick up some milk, bread, cat litter, and a tomato. When she saw the total come up o
    5·1 answer
  • Which of the following reflects a true relationship between making decisions and reaching objectives
    13·1 answer
  • Todd Haitz works at a retail store selling sports equipment. His daily tasks include opening the store, creating the work schedu
    9·1 answer
  • Arkensland is a highly industrialized countr. Prices have been steadily increasing over the last few years and inflation reached
    12·1 answer
  • Vega Enterprises has computed the following unit costs for the year just ended: Direct material used $12 Direct labor 18 Variabl
    15·1 answer
  • All you need to know to do your taxes is your gross income.<br> True or False
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!